Analyze each transaction listed in the table that follows and place the appropriate activity beside it to indicate the transactions classification and its effect on cash flows using the indirect method.

Operating Activity, Investing Activity, Financing Activity, Noncash Transaction, Increase, Decrease ,No Effect

1. Increasedaccountspayable.

2. Decreasedinventory.

3. Increasedprepaidinsurance.

4. Earned a net income.

5. Declared and paid a cash dividend.

6. Issued stock for cash.

7. Retired long-term debt by issuing stock.

8. Purchasedalong-term investment with cash.

9. Sold trading securities at a gain.

10. Sold a machine at a loss.

11. Retired fully depreciated equipment.

12. Decreased interest payable.

13. Purchasedavailable-for-sale securities (long-term).

14. Decreaseddividends receivable.

15. Decreasedaccounts receivable.

16. Converted bonds to common stock.

17. Purchased90-day Treasury bill.